Back to www.cobrasmarketview.com

   

09/15/2020 Live Update

Re: 09/15/2020 Live Update

Postby Cobra » Tue Sep 15, 2020 12:14 pm


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 47666
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/15/2020 Live Update

Postby Al_Dente » Tue Sep 15, 2020 12:54 pm

Apple event starts in a few minutes:
https://www.youtube.com/watch?v=b13xnFp_LJs
User avatar
Al_Dente
 
Posts: 24844
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/15/2020 Live Update

Postby te_fern » Tue Sep 15, 2020 12:58 pm

A going sideways type of day...
Attachments
SPX.PNG
te_fern
 
Posts: 3260
Joined: Tue Nov 24, 2015 3:35 pm

Re: 09/15/2020 Live Update

Postby Cobra » Tue Sep 15, 2020 1:05 pm

Kind of ascending triangle, so breakout should be more likely
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 47666
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 1:25 pm

sleepy yet? still can not stop me out. weak sauce. bulls no juice.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 1:31 pm

As I did more digging, we should test the low of Tuesday's. ES weekly gap, this week or next but it will be filled.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 1:41 pm

Summation index don't see a bottom yet.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 1:48 pm

Yield and main index will close the gap at some point, which one will move more to center is the question? High interest rate in the making for small correction in the index or big correction on index with small rise on interest. it will comes so, I don't see how the index will trade high from here.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby Johnmccabe » Tue Sep 15, 2020 1:48 pm

BullBear52x wrote:Summation index don't see a bottom yet.

I also think we haven't bottomed yet, but did summation index pick out the bottom of July correction? I'm still learning about this index... Hope we retest the zone 3330 and just be done with this correction.
Johnmccabe
 
Posts: 5
Joined: Tue Sep 15, 2020 9:37 am

Re: 09/15/2020 Live Update

Postby Johnmccabe » Tue Sep 15, 2020 1:52 pm

BullBear52x wrote:Yield and main index will close the gap at some point, which one will move more to center is the question? High interest rate in the making for small correction in the index or big correction on index with small rise on interest. it will comes so, I don't see how the index will trade high from here.


my inner bear keeps saying march was not the end of the multiyear bull market. The big correction is yet to come.
Johnmccabe
 
Posts: 5
Joined: Tue Sep 15, 2020 9:37 am

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 2:03 pm

Option expiry week, it used to be something to talk about, today's casino option every day and every week make the 3rd week of monthly un-Predictable.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 2:05 pm

Johnmccabe wrote:
BullBear52x wrote:Summation index don't see a bottom yet.

I also think we haven't bottomed yet, but did summation index pick out the bottom of July correction? I'm still learning about this index... Hope we retest the zone 3330 and just be done with this correction.

not so on July, but to go bullishly, it would be good to have SI on your side.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 2:09 pm

Cash SPX, bulls don't want to revisit yesterday's range, not a good idea.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 2:15 pm

5 min. entering buy the dip zone, see the reaction here how good of a support is. I am on the evil side so I don't buy here.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby Cobra » Tue Sep 15, 2020 2:38 pm

Consolidation along the range low, now break down is more likely.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 47666
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 2:40 pm

I am probably the least greedy guy on this board, let me have this ES :twisted:
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby Johnmccabe » Tue Sep 15, 2020 2:54 pm

BullBear52x wrote:5 min. entering buy the dip zone, see the reaction here how good of a support is. I am on the evil side so I don't buy here.


I'm hoping to enter at the next RSI low on spx hourly chart
Johnmccabe
 
Posts: 5
Joined: Tue Sep 15, 2020 9:37 am

Re: 09/15/2020 Live Update

Postby Cobra » Tue Sep 15, 2020 3:09 pm

Double top text book target.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 47666
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 3:10 pm

Johnmccabe wrote:
BullBear52x wrote:5 min. entering buy the dip zone, see the reaction here how good of a support is. I am on the evil side so I don't buy here.


I'm hoping to enter at the next RSI low on spx hourly chart

:D as long we think we got the insight of what to come buy or sell at any level is good.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/15/2020 Live Update

Postby BullBear52x » Tue Sep 15, 2020 3:34 pm

However we slice it, reversal of a reversal folks. Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 23932
Joined: Tue Feb 22, 2011 3:47 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: Cobra and 11 guests